STATE OF MICHIGAN RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q4 2021
Top Holdings975 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 4.6M | $2.2B | 11.4% | $370.51 | +21.57% | 12 qtrssince 2019-Q1 | Decreased 0 |
APPLE INC | 4.8M | $851.9M | 4.5% | $100.32 | +72.89% | 12 qtrssince 2019-Q1 | Increased 59 |
MICROSOFT CORP | 2.5M | $851.8M | 4.5% | $134.57 | +143.97% | 12 qtrssince 2019-Q1 | Increased 59 |
AT&T INC | 23.4M | $574.6M | 3.0% | $15.19 | -4.30% | 12 qtrssince 2019-Q1 | Increased 93 |
AMAZON.COM INC | 142,627 | $475.6M | 2.5% | $96.45 | +74.84% | 12 qtrssince 2019-Q1 | Increased 55 |
BRISTOL-MYERS SQUIBB CO | 6M | $373.8M | 2.0% | $50.19 | +4.54% | 12 qtrssince 2019-Q1 | Increased 55 |
ISHARES TR | 3.1M | $357.2M | 1.9% | $97.96 | -0.18% | 8 qtrssince 2020-Q1 | Increased 53 |
ISHARES IBOXX INVESTMENT GRA | 2.7M | $355.7M | 1.9% | $108.36 | +1.75% | 7 qtrssince 2020-Q2 | Decreased 0 |
ALPHABET INC-CL A | 115,015 | $333.2M | 1.7% | $64.46 | +125.11% | 12 qtrssince 2019-Q1 | Increased 51 |
ATHENE HLDG LTD | 3.9M | $325.5M | 1.7% | — | — | 10 qtrssince 2019-Q3 | Increased 49 |
ISHARES MSCI USA MOMENTUM FA | 1.7M | $300.4M | 1.6% | $155.49 | +11.50% | 6 qtrssince 2020-Q3 | Increased 49 |
META PLATFORMS INC-CLASS A | 828,061 | $278.5M | 1.5% | $190.93 | +79.10% | 12 qtrssince 2019-Q1 | Increased 53 |
NVIDIA CORP | 839,304 | $246.8M | 1.3% | $17.11 | +72.63% | 12 qtrssince 2019-Q1 | Decreased 0 |
TESLA INC | 204,800 | $216.4M | 1.1% | $233.46 | +52.83% | 5 qtrssince 2020-Q4 | Increased 48 |
ALPHABET INC-CL C | 72,549 | $209.9M | 1.1% | $60.22 | +140.66% | 12 qtrssince 2019-Q1 | Increased 49 |
SIMON PROPERTY GROUP INC | 1.2M | $189.8M | 1.0% | $44.88 | +185.56% | 12 qtrssince 2019-Q1 | Increased 43 |
VERIZON COMMUNICATIONS INC | 3.5M | $184.1M | 1.0% | $41.51 | -4.14% | 12 qtrssince 2019-Q1 | Increased 43 |
UNITEDHEALTH GROUP INC | 327,115 | $164.3M | 0.9% | $235.18 | +100.48% | 12 qtrssince 2019-Q1 | Increased 43 |
HOME DEPOT INC | 380,656 | $158M | 0.8% | $188.34 | +96.72% | 12 qtrssince 2019-Q1 | Decreased 0 |
SALESFORCE.COM INC | 569,992 | $144.9M | 0.8% | $208.70 | +20.87% | 12 qtrssince 2019-Q1 | Increased 43 |
STATE OF MICHIGAN RETIREMENT SYSTEM manages $19.1B across 975 positions as of Q4 2021. Top holdings: SPY (11.4%), AAPL (4.5%), MSFT (4.5%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 3/5.0.
Active quarter - 33 new positions, 33 exits, 701 increased. Top move: T (INCREASED, conviction 93). Portfolio: $19.1B across 975 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer